NonprofitsMembers Cooperative Credit Union

Members Cooperative Credit Union

DULUTH, MN

Total revenue

$65.2M

Total expenses

$60.6M

Net assets

$105.0M

Grants received

EIN

410195345

Tax year

2024

Mission

To conduct the ordinary and necessary business of a credit union involving the receiving of savings of members and lending money to members for provident purposes.

Programs

2 programs

26,547 loans totaling over $925 million were active for consumer, mortgage and commercial loans. Our goal is to offer loans at reasonable rates to our members. To provide indirect loans to customers of auto dealerships in the area at competitive rates.

Availability of 15 of our own atm's as well as a large network of atm's nation and world wide to our members and non-members. We want to offer convenience to our members after hours and away from home.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$59.3M
Investment income$5.8M
Other revenue
Total revenue$65.2M

Expenses

Grants paid$176K
Salaries & benefits$20.6M
Fundraising
Other expenses$25.7M
Total expenses$60.6M
Total assets$1.2B
Net assets$105.0M

People

22 listed

NameRoleCompensation

STEPHEN EWERS

PRESIDENT/CEO

Board

$556K

55 hrs/wk

RALPH HAMANN

CFO/CHRO

Board

$397K

50 hrs/wk

DORIS DAHL

CHAIR

Board

$18K

14.7 hrs/wk

DAVID VUKELICH

BOARD VICE CHAIR

Board

$12K

13.1 hrs/wk

MARY KROHN

ASSOCIATE DIRECTOR

Board

$6K

5 hrs/wk

JOE WOLFF

DIRECTOR

Board

$6K

3.2 hrs/wk

RODNEY BIBEAU

DIRECTOR

Board

$6K

1.3 hrs/wk

NIAL ANDRE MUSON KLYN

ASSOCIATE DIRECTOR

Board

$6K

4 hrs/wk

RUSS SALGY

DIRECTOR

Board

$6K

7.1 hrs/wk

JOHN GILBERT

DIRECTOR

Board

$6K

6.7 hrs/wk

PETER VANG

DIRECTOR

Board

$5K

6.7 hrs/wk

JENNIE SIEBERT

DIRECTOR

Board

$3K

6.7 hrs/wk

DIANNE CARLSON

EMERITUS DIRECTOR

Board

$3K

6.7 hrs/wk

NICOLE BARKER

BOARD SECRETARY & TREASURER

Board

$2K

6.1 hrs/wk

JANET VOLD

CIO/COO

Staff

$413K

50 hrs/wk

SIMONE SURI

GENERAL COUNSEL

Staff

$340K

50 hrs/wk

STEPHAN GLONCHAK

CHIEF LENDING OFFICER

Staff

$334K

50 hrs/wk

BRAE OLSON

VP MARKETING

Staff

$183K

45 hrs/wk

ANDY JONESON

VP IT

Staff

$175K

45 hrs/wk

SUSAN SHOLD

VP HUMAN RESOURCES

Staff

$163K

45 hrs/wk

MARISA JERAMA

VP RETAIL MANAGEMENT

Staff

$160K

45 hrs/wk

CORY STENSON

MORTGAGE MANAGER

Staff

$153K

45 hrs/wk

Independent contractors

FISERV

ANNUAL SOFTWARE MAINTENANCE

$2.3M

INTEGRIS

COMPUTER SERVICE CONTRACT

$864K

BJ BAAS BUILDERS

CONTRACTOR FOR REMODEL OF NEW BRANCH LOC

$745K

NUSOURCE FINANCIAL LLC

TECHNOLOGY AND INSTALLMENT OF NEW ITMS

$734K

SERVION COMMERCIAL LOAN

LOAN SERVICING

$503K

Details

EIN410195345
Subsection14
Ruling date1944-09
Formed1936
Employees281
Volunteers0
MEMBERS COOPERATIVE CREDIT UNION — Mission, Financials & Grants Received | Grantivo